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3. Millet purchases 340 shares of De Leon Company common stock at P5,230 per share. A few months later, she sells the shares at P6,100.
3. Millet purchases 340 shares of De Leon Company common stock at P5,230 per share. A few months later, she sells the shares at P6,100. Her stockbroker charges 4.3% commission on round lots and 4.9% on odd lots. Compute for the following: (3 items x 5 points) a. Total cost b. Proceeds c. Gain or loss on the transaction
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